Hunter United Credit Union has been providing high quality banking options to the Hunter Valley region since 1963. Owned by its customers, Hunter United is a customer driven lender, and now the largest locally based credit union in Australia.
Rates and fees verified as correct at 22 January, 2020. Other information correct at the time of writing.
With a fixed rate home loan from Hunter United Credit Union you can borrow amounts starting from $100,000 up to 95% of the property’s value for owner occupiers or 80% for investors. You’ll pay an upfront application fee plus a monthly service fee, but in return you’ll get the ability to make as many free extra repayments as you like, plus the opportunity to take a repayment holiday if you need to. You can also choose between weekly, fortnightly or monthly repayments.
| Product | Fixed 3 year rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| p.a. | n/a | $8.00 monthly | $0 | ||
| p.a. | n/a | $8.00 monthly | $0 | ||
| 3.54% p.a. | 4.29% p.a. | $8.00 monthly | $350 | ||
| 3.54% p.a. | 4.29% p.a. | $8.00 monthly | $350 |
Hunter United Credit Union’s variable rate home loans, like the fixed rate alternatives, allow you to borrow amounts starting from $100,000, up to 95% of the property’s value if you’re living in it, and up to 80% if you’re an investor. You’ll get the ability to make unlimited free extra repayments, a redraw facility - although a minimum amount and fees apply - the chance to take a repayment holiday, and the use of an offset account. Keep in mind, there is an application and monthly service fee to consider.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.39% p.a. | 4.51% p.a. | $8.00 monthly | $350 | ||
| 4.39% p.a. | 4.51% p.a. | $8.00 monthly | $350 | ||
| 3.99% p.a. | 3.99% p.a. | $0.00 | $0 | ||
| 3.79% p.a. | 3.79% p.a. | $0.00 | $0 | ||
| 3.09% p.a. | 3.19% p.a. | $8.00 monthly | $0 | ||
| 3.29% p.a. | 3.39% p.a. | $8.00 monthly | $0 | ||
| 3.09% p.a. | 3.19% p.a. | $8.00 monthly | $0 | ||
| 3.65% p.a. | 3.77% p.a. | $8.00 monthly | $350 | ||
| 3.89% p.a. | 4.01% p.a. | $8.00 monthly | $350 |
For package benefits galore, check out the variable rate home loan package from Hunter United Credit Union. It’s available for amounts from $100,000, up to 95% for owner occupiers and 80% for investors. When you take out this home loan, you’ll be able to make unlimited free extra repayments, take a repayment holiday and access a redraw facility, although fees and a minimum amount applies to the latter. You’ll also have the use of an offset account. For all this, you’ll pay no upfront fees, but there is a yearly service fee attached.
| Product | Rate | Comparison Rate* | Service fee | Upfront fee | Monthly repayments ‡ |
|---|---|---|---|---|---|
| 4.69% p.a. | 4.97% p.a. | $295.00 yearly | $0 | ||
| 4.69% p.a. | 4.97% p.a. | $295.00 yearly | $0 |
‡ Results from this calculation are estimates only as individual lenders apply different formulas. Actual repayments will depend on your individual circumstances and interest rate changes.
| Free extra repaymentsFree extra repayments | Make free extra repayments on your Hunter United home loan and save on interest. Plus, there are no early break fees! |
| Offset accountOffset account | Opt for a variable rate home loan option, and you’ll get the use of an offset account, to help you pay less interest on your mortgage. Keep in mind this feature isn’t available on fixed rate options. |
| Flexible repayment scheduleFlexible repayment schedule | On any Hunter United Credit Union home loan, you can set your repayment schedule to fit your budget, with monthly, fortnightly or weekly repayments. |
Find out first-hand what Hunter United Credit Union customers have to say about their home loan experience in our customer review section.
Annette, New South Wales, reviewed 2 months ago
I love the friendly staff and feeling of personalised banking. When applying for the home loan, they were very professional and helpful, like I was dealing with friends. I've been banking with them for nearly 30 years and couldn't be happier with...
I love the friendly staff and feeling of personalised banking. When applying for the home loan, they were very professional and helpful, like I was dealing with friends. I've been banking with them for nearly 30 years and couldn't be happier with my experience.
Nicole, New South Wales, reviewed about 4 years ago
A great credit union to be with just over 30 years.
A great credit union to be with just over 30 years.
Annette, New South Wales, reviewed over 4 years ago
Couldn't fault them at the moment. Had our loan since 2009 and have had very easy transactions. If we ever needed anything they have always been more than helpful.
Couldn't fault them at the moment. Had our loan since 2009 and have had very easy transactions. If we ever needed anything they have always been more than helpful.
Trent, Queensland, reviewed about 6 years ago
We just refinanced, put all off our bills on to the one loan and are saving $300 a week it is really convenient, and in the process we won $5000 as they have their golden jubilee giveaway.
We just refinanced, put all off our bills on to the one loan and are saving $300 a week it is really convenient, and in the process we won $5000 as they have their golden jubilee giveaway.
Mozo community reviewer, New South Wales, reviewed over 6 years ago
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To take out a home loan with Hunter United, you’ll first need to become a member, which you can do by filling out an application form and buying a member share. When you go to apply for the home loan, you’ll need to register your interest online, set up a meeting with a lender or visit your nearest branch.
So that everything goes as smoothly as possible, make sure you have these details on hand:
